HOVDEN PROSJEKTUTVIKLING AS

4755 HOVDEN I SETESDAL

Finances

Share Ownership

Return on Equity

22,82 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 810 000	2 293 000	1 249 000	3 513 000
Net Income	1 471 000	246 000	−362 000	−687 000
Total Assets	12 411 000	5 850 000	5 026 000	5 966 000
Total Equity	6 446 000	4 975 000	4 730 000	5 092 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 810 000	2 293 000	1 249 000	3 513 000
Expenditure	2 372 000	2 047 000	1 611 000	3 461 000
Operating Profit	1 438 000	246 000	−362 000	52 000
Financial Income	36 000	1 000	0	0
Financial Costs	3 000	2 000	0	739 000
Financial Balance	33 000	−1 000	0	−739 000
Earnings Before Tax	1 471 000	246 000	−362 000	−687 000
Tax	0	0	0	0
Net Income	1 471 000	246 000	−362 000	−687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 932 000	4 665 000	4 656 000	5 354 000
Total Current Assets	7 478 000	1 184 000	371 000	612 000
Total Assets	12 411 000	5 850 000	5 026 000	5 966 000
Total Retained Equity	1 716 000	246 000	0	−58 000
Total Equity	6 446 000	4 975 000	4 730 000	5 092 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 965 000	874 000	297 000	874 000
Total Equity and Debt	12 411 000	5 850 000	5 026 000	5 966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	446 000	452 000	425 000	442 000
Other Income	3 364 000	1 841 000	824 000	3 071 000
Revenue	3 810 000	2 293 000	1 249 000	3 513 000
Cost of Goods Sold	524 000	589 000	458 000	604 000
Salary Costs	0	0	45 000	88 000
Depreciation	29 000	29 000	28 000	79 000
Impairment	0	0	0	0
Expenditure	2 372 000	2 047 000	1 611 000	3 461 000
Operating Profit	1 438 000	246 000	−362 000	52 000
Financial Income	36 000	1 000	0	0
Financial Costs	3 000	2 000	0	739 000
Financial Balance	33 000	−1 000	0	−739 000
Dividends	0	0	0	0
Net Income	1 471 000	246 000	−362 000	−687 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 653 000	4 379 000	4 395 000	4 415 000
Machinery and Plant Facilities	6 000	7 000	13 000	14 000
Fixtures	187 000	194 000	200 000	206 000
Total Tangible Assets	4 846 000	4 579 000	4 608 000	4 636 000
Total Fiancial Fixed Assets	86 000	86 000	48 000	719 000
Total Fixed Assets	4 932 000	4 665 000	4 656 000	5 354 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 402 000	565 000	32 000	39 000
Total Current Assets	7 478 000	1 184 000	371 000	612 000
Total Assets	12 411 000	5 850 000	5 026 000	5 966 000
Total Equity	6 446 000	4 975 000	4 730 000	5 092 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	703 000	281 000	260 000	192 000
Unpaid Taxes	0	0	0	21 000
Dividends	0	0	0	0
Other Current Debt	5 261 000	593 000	31 000	−6 000
Total Current Debt	5 965 000	874 000	297 000	874 000
Total Equity and Debt	12 411 000	5 850 000	5 026 000	5 966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,82 %	4,94 %	−7,65 %	−13,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	37,74 %	10,73 %	−28,98 %	1,48 %
Current Ratio	1,25	1,35	1,25	0,7
Quick Ratio	1,25	1,35	1,25	0,7
Equity Ratio	0,52	0,85	0,94	0,85
Gross Profit Margin	86,25 %	74,31 %	63,33 %	82,81 %